The Wells Fargo Platinum credit card’s credit score requirement is 700 or higher. Applicants need good credit or better for approval.
Some users have reported getting approved for the card with credit scores below 700, but applicants with lower scores would be better off improving their credit profile before applying for the card. Wells Fargo Platinum’s credit score requirements are in line with other Wells Fargo cards such as the Cash Wise Visa and Propel American Express cards.
In addition to a good or excellent credit score, you will need proof of a steady income to get approved for Wells Fargo Platinum. Other criteria that Wells Fargo will consider include your monthly housing payment, total amount of debt and number of open credit accounts.
You will need at least good credit to get the Wells Fargo Platinum card. That's a credit score of at least 700. Anything lower may result in a rejection, although they won't look at your credit score alone.
Your income, debt, past negatives, hard inquiries and more will give them the big picture.
Your Wells Fargo Platinum Credit Card limit will be at least $1,000. That’s Platinum’s minimum spending limit, per the card’s terms and conditions, which means it’s all you’re guaranteed to get if approved for an account. Sure, you might receive a much higher Wells Fargo Platinum Card limit, depending on your income, debt and credit history. But you can’t count on having more than $1,000 to work with for a big-ticket purchase or balance transfers. … read full answer
With that being said, you may have a tough time finding a 0% credit card with a higher minimum limit than Wells Fargo Platinum. For example, the BankAmericard® Credit Card has a minimum limit of $300.
Here’s the scoop on Wells Fargo Platinum Credit Card limits:
Credit limits start at $1,000: The more income you have, at least compared to your current debt obligations, the higher you can expect your credit limit to be.
You can ask for an increase: You’ll be eligible once your account has been open for a year. And your odds of approval are highest if you pay your monthly bills on time and keep your credit utilization low. To request a higher Wells Fargo credit card limit, call 1-800-642-4720.
You can move your credit around: If you already have a Wells Fargo credit card and want to open another one, you can ask customer service (1-800-642-4720) to shift some of your existing credit to the new card. You can’t move your entire credit line, though, just an amount above the original account’s minimum credit limit. For example, the Wells Fargo Propel Card has a minimum credit limit of $1,000. If you have a Propel Card with a $2,000 limit, you could shift $1,000 in credit to a new Wells Fargo Platinum Card.
So to recap, your Wells Fargo credit card limit will be $1,000+, and you could get an increase after a year of good behavior. That’s as much as you’ll know going in.
The easiest Wells Fargo credit card to get is the Wells Fargo Business Secured Credit Card because even people with bad credit can get approved. When you make a deposit to open the account ($500 min.), you’ll get a credit limit equal to that deposit, up to $25,000. The annual fee is $25.… read full answer
To qualify for a business credit card, you need a Social Security number, but you don’t need an EIN. So if you earn income as a contractor, and you file your taxes as a sole proprietor, then you likely qualify for this card even if you don’t have an EIN issued by the IRS.
Other easy Wells Fargo credit cards to get include several co-branded store cards for fair credit. Those include the Dillard’s Store Card, the Kirkland’s Credit Card, and the American Furniture Warehouse Credit Card. Wells Fargo used to have a secured consumer credit card, but it’s been discontinued.
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